▼ -8.09% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Level One Bancorp in the last 3 months. The average price target is $20.00, with a high forecast of $21.00 and a low forecast of $19.00. The average price target represents a -8.09% upside from the last price of $21.76.
The current consensus among 2 contributing investment analysts is to buy stock in Level One Bancorp. This rating has held steady since August 2020, when it changed from a Hold consensus rating.
Level One Bancorp, Inc. operates as a bank holding company for Level One Bank that provides business and consumer financial services in Michigan. Its deposit products include checking accounts, NOW accounts, savings and other time deposits, certificates of deposit, and specialty deposit accounts. The company also provides lending products and related services comprising commercial real estate loans, including construction and land development loans; commercial and industrial loans consisting of lines of credit, term loans, and loans under the small business administration lending program; residential real estate loans; and consumer loans, including home equity loans automobile loans, and credit card services. In addition, it offers cash management services, treasury management services, and mobile banking services. The company serves individuals, owner-managed businesses, professional firms, real estate professionals, and not-for-profit businesses. It operates through 14 Level One Bank offices and 3 Ann Arbor State Bank banking centers. The company was founded in 2007 and is headquartered in Farmington Hills, Michigan.